News & Media 31st Jan 2023

From asset monetisation to new Vande Bharat trains, key focus areas for Indian Railways in Union Budget 2023

Authors

Sujjain Talwar Partner | Mumbai

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In the Union Budget 2022, Finance Minister Nirmala Sitharam focused on the Gati Shakti National Master Plan and it is likely that the same would continue to be a priority of the Government in this year’s budget.

Against this backdrop, LiveMint has quoted Sujjain Talwar, Co-Founding Partner at Economic Laws Practice (ELP) in their article titled ‘From asset monetisation to new Vande Bharat trains, key focus areas for Indian Railways in Union Budget 2023’. He says, “Budget 2023 ought to make a more concerted effort at attracting private players by offering more commercially viable terms. In line with the National Hydrogen Mission, Indian Railways may also take a lead in adopting hydrogen power trains in line by putting in place the necessary regulations and standards for transporting green hydrogen and its derivatives.”

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